Asbury Automotive Group Reports Preliminary Results and Schedules Third Quarter 2020 Earnings Call | News
DULUTH, Ga., Oct. 14, 2020 /PRNewswire/ — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported preliminary financial results for the three months ended September 30, 2020. Asbury expects…
Euisun Chung takes reins from father as new chairman of Hyundai Motor Group
Euisun Chung, scion of the Hyundai Motor Group’s founding family, has been appointed chairman of the South Korean auto giant, taking the reins from his father as the automaker drives into an era of electrification, automated driving and new mobility.…
Startup LMP Automotive Holdings makes play for large New York dealer group
FORT LAUDERDALE, Fla. – Within a month of announcing plans to roll out an app to take advantage of consumers’ growing interest in vehicle subscriptions among other online activities, LMP Automotive Holdings made another significant move to get deeper into the…
Former Mercedes-Benz Canada CEO joins Zanchin Automotive Group
NEWMARKET, ON, Oct. 13, 2020 /CNW/ – Mercedes-Benz Newmarket has now officially joined the expanding dealership family of Zanchin Automotive Group, the Zanchin Automotive Group announced today. Under its new ownership, the dealership will be led by the dynamic former president…
The Presidio Group Advises Priority Automotive Group on Sale of Honda Dealership
Transaction an important strategic asset management step The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Priority Automotive Group on the sale of Priority Honda Huntersville. “We appreciate The Presidio…
Zacks.com featured highlights include: Matson, Rent-A-Center, Williams-Sonoma, RPM International and Group 1 Automotive
For Immediate Release Chicago, IL – October 13, 2020 – Stocks in this week’s article are Matson, Inc. MATX, Rent-A-Center, Inc. RCII, Williams-Sonoma, Inc. WSM, RPM International Inc. RPM and Group 1 Automotive, Inc. GPI. The 5 Best Stocks to…
Group 1 Automotive (GPI) Hits Fresh High: Is There Still Room to Run?
Shares of Group 1 Automotive (GPI) have been strong performers lately, with the stock up 32.8% over the past month. The stock hit a new 52-week high of $123.2 in the previous session. Group 1 Automotive has gained 18.6% since…
Joseph Pompo, COO of The Fuccillo Automotive Group, Labeled as One of Automotive News’s 40 under 40 – Press Release
Rising Star in Automotive Retail: Joseph Pompo of The Fuccillo Automotive Group Joseph Pompo is the Chief Operations Officer (COO) of The Fuccillo Automotive Group, one of America’s largest automotive retailers. He was recently labeled as one of Automotive News’s…
LMP Automotive Holdings agrees to purchase majority stake in N.Y. dealership group for $608 million
The deal includes 20 franchises at 17 rooftops, all in New York. The Atlantic dealerships and storage facility are expected to generate an estimated $1.6 billion in revenue and $38 million in net income on an annualized basis in 2021,…
The Friedkin Group Launches Accelerated Solutions Group
The Friedkin Group announced today the launch of Accelerated Solutions Group, LLC (ASG), an innovative manufacturer of automotive accessories. ASG designs, develops and markets products that shape and meet the evolving needs of the automotive industry. The new venture is…
